> Ironically the foreign big ones have enough resources to comply to the law, small local ones don't and will die/never be created in the first place. Yep, tha

> Ironically the foreign big ones have enough resources to comply to the law, small local ones don't and will die/never be created in the first place. Yep, that's what I've been saying all along, but people don't seem to understand. The real cost of regulation isn't the cost of non-compliance and the punitive measures that follow. It is the cost of compliance, reporting, addressing an endless stream of complaints and requests for information. Large companies have the resources to handle that, small ones don't.